Opportunity to own a multifamily rental income in the heart of South Beach Miami. Expertly designed by a renowned Australian architect with interiors by Studio de la Vega, the building recently underwent a complete 2-year renovation of all mechanical and electrical wiring, plumbing, insulation, and flooring. The property features modern,… Read More bright, and open living spaces ranging from 450 to 895 square feet. Every unit is equipped with essential hurricane-impact windows, in-unit washer/dryer combos, refrigerators and dishwashers. This property sits in a fantastic location of South Beach living, culture, dining, and lifestyle. This is the investment of a lifetime in one of the most important cities in the country. With top CEOs relocating to take advantage of Florida’s magnificent weather and favorable tax climate, this is a rare gem. Located only six blocks from the Atlantic Ocean, this asset is perfectly primed for a future condo conversion, offering a high-margin exit strategy in the world’s most coveted real estate market. This is a turn-key opportunity in a prime location where people want to live. This 12-unit property is just half a block from the famous Lincoln Road, a mile-long promenade with over 60 incredible restaurants and bars stretching from Collins Avenue to Biscayne Bay. Residents are just blocks from the 36-acre Flamingo Park, which offers a new football field, track, 17 tennis courts, and a pool. Call now. Read Less
Courtesy of Pamela H Diaz-De-Leon, The Corcoran Group 305-395-4982
Listing Snapshot
Days Online
194
Last Updated
Property Type
Multi Family
Square Ft.
10,334
Lot Size
0.17 Acres
Year Built
9999
MLS Number
A11969099
30 Days Snapshot Of 33139
$1.74M
+144%
(avg) sold price
31
-56%
homes sold
151
+2%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 9999, Building features: Exterior Lighting, Construction materials: Block, Toal building area: 10334, 3 total units
Cooling
Central Individual
Floors
Tile, Vinyl
Heating
Central Individual, Electric
Lot
0.17 acres, Landscaped
Property
Zoning: 3900
Security Features
Smoke Detector(s)
Tenant Pays
Electricity, Interior Electric
Utilities
Sewer Available
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